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Loonie flirts with parity with U.S. dollar

posted by Avatar jirachi 781 days ago in CAD

The Canadian dollar is once again on the verge of reaching parity with its U.S. counterpart thanks to a big push Monday fuelled by confidence that the final piece of the global economic recovery — a vibrant U.S. marketplace — has fallen into plac read more
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Cracks in the Crude Oil Market?

posted by Avatar jirachi 784 days ago in USD, Oil made popular 783 days ago

Yes, crude oil hit its highest price level since October 2008 on Thursday, but it is still effectively rangebound. How can this be? The chart below shows that crude oil is now merely back to the top end of its six month old range. read more
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US economy adds 162,000 jobs in March

posted by Avatar jirachi 784 days ago in USD, Employment made popular 784 days ago

The US economy is poised for self-sustained growth and should continue creating jobs in the months ahead, according to senior economic adviser to Barack Obama, Larry Summers, in an interview with the Financial Times read more
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Weaker U.S. dollar helps lift gold to 2-week high

posted by Avatar jirachi 785 days ago in USD, Weekly made popular 784 days ago

Amid growing calls by Congressmen that China be declared as currency manipulator, the White House has said that no final decision on this issue has been taken by the Obama Administration, even as it emphasised that the currency of the Communi st read more
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U.S. Jobs Increase by 136,000

posted by Avatar jirachi 785 days ago in USD, Employment made popular 785 days ago

This morning the BLS reported an increase of 136,000 jobs. Headline unemployment was unchanged at 9.7%. Before diving into the numbers let's look at a couple questions from a live Q&A session. The BLS took questions in advance. read more
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4 Key Points For Success On Forex Trading

posted by Avatar jirachi 785 days ago in Daily, Trading Psychology

If you want to learn Forex trading, and join the elite 5% of traders who make money, then you need to consider the following 4 key points. If you ignore these 4 key points, then you’ll lose money – and never achieve currency trading success. read more
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Gold to $1300 per ounce as U.S. Treasury prices fall

posted by Avatar jirachi 791 days ago in USD, Gold made popular 791 days ago

Gold prices have consolidated for the majority of 2010 after reaching record levels near $1200 per ounce in 2009. Jim Rogers, chairman of Rogers Holdings, spoke with CNBC on Friday, March 26, 2010 about gold prices and the U.S. Treasury bubble. read more
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The Power Of The Forex Trading Machines

posted by Avatar jirachi 792 days ago in Special, Trading Psychology made popular 792 days ago

Today Forex trading presents the real opportunity to get really great financial profits. All you need to do is to go into the market sensibly and use all the available tools. Forex trading machine is the tool number one. It is automated trading p read more
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Irish trade surplus is boosted by imports fall

posted by Avatar jirachi 792 days ago in EUR, GDP, Trade made popular 792 days ago

IRISH EXPORTS fell 3 per cent by value in 2009, led by a decline in demand for computer equipment and electrical and industrial machinery, figures from the Central Statistics Office show. read more
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EUR/USD Rallies Back

posted by Avatar jirachi 793 days ago in USD, EUR made popular 793 days ago

EUR/USD has finally managed something resembling a decent bounce. Having closed out around 1.3280 in North America Thursday it’s presently back up at 1.3343. read more
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Crude Oil Pares Losses After Equities Gain, Dollar Weakens

posted by Avatar jirachi 793 days ago in USD, Oil made popular 793 days ago

Crude oil pared losses as Asian equities advanced and the dollar fell against the euro, bolstering the appeal of commodities as alternative investments. read more
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Greenback Soars

posted by Avatar jirachi 794 days ago in USD made popular 794 days ago

German government officials were forced to reject the notion last night that the reason Chancellor Merkel is resisting an EU-only Greek bail-out (she prefers IMF help given Germany would need to stump up the most in an EU bail-out) is because of read more